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Foreclosure Homes in Butler, NJ

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5 View this home at Adalist Ave Butler NJ 07405
Preforeclosure
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$424,600 EMV
Adalist Ave
Butler, NJ 07405
Single-Family
1,305
EST. RENT: $2,390
|
AUCTION: 04-11-2024
Single-Family
1,305
View this home at Andrew Ln Butler NJ 07405
Preforeclosure
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Andrew Ln
Butler, NJ 07405
Single-Family
5,566
AUCTION: 04-11-2024
Single-Family
5,566
View this home at Andrew Ln Kinnelon NJ 07405
Preforeclosure
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$1,116,000 EMV
Andrew Ln
Kinnelon, NJ 07405
Single-Family
5,566
EST. RENT: $5,970
|
AUCTION: 04-11-2024
Single-Family
5,566
View this home at Terrace Lake Dr Butler NJ 07405
Preforeclosure
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$417,000 EMV
Terrace Lake Dr
Butler, NJ 07405
Single-Family
1,944
EST. RENT: $2,850
|
AUCTION: 03-28-2024
Single-Family
1,944
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Butler, NJ Foreclosures

How much do homes sell for in Butler, NJ?
The average home price is currently $480,938.
In Butler, NJ, how many homes are available?
There are currently 2,482 active home listings available in Butler.
What’s the average rental cost in Butler, NJ?
The average rental price in Butler is $2,157.
What is the most expensive home in Butler, New Jersey?
The most expensive home sold in Butler had a price of $2,797,200.
What is currently the cheapest priced home in Butler, NJ?
The cheapest home for sale in Butler is priced at $38,615.

Home Value Estimator For Butler, NJ

There are currently 2,482 real estate properties in Butler, NJ, with a median automated valuation model (AVM) price of $461,200.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Butler, NJ, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Butler, NJ, is $480,938.00, with the most expensive house in Butler, NJ, topping out at $2,797,200.00 and the cheapest home in Butler, NJ, clocking in at $38,615.00. In other words, there’s something for every potential homebuyer or savvy investor in Butler, NJ!


Rent Prices In Butler, NJ

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Butler, NJ, is on a rollercoaster ride. The average rent price in Butler, NJ, is $2,157.00. Indeed, when looking to rent in Butler, NJ, you can expect to pay as little as $1,080.00 or as much as $4,110.00, with the average rent median estimated to be $2,140.00. The good news is that finding an affordable and desirable property to rent in Butler, NJ -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.


Top Reasons To Live In Butler, NJ In 2024

Butler is located in Morris, New Jersey, with an estimated municipal population of 7,654 residents. All of the best foreclosed homes for sale in Butler are located in the following zip code areas on Foreclosure.com: 07405. The estimated population per square kilometer (.62 miles) in Butler is 1,453.


Cost Of Living In Butler, NJ

So, about how much do homes cost in Butler? The most recent median value of resident-owned homes in Butler is 355,276. An estimated 64.4 percent of households in Butler own their homes, with an average family size of 3.12. The median household income in Butler is 95,446, with47.4 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Butler, the median commute time of resident workers (in minutes) is 31.5. And last, but certainly not least, are you looking for homes to rent in Butler? If so, the average rent price paid by renters in Butler is 1,321, according to recent statistics.


Diversity And Demographics In Butler, New Jersey

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Butler, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in Butler is 42.8, split between 50 percent male versus 50 female. The percentage of residents who report being married in Butler is 50.7, with an average family size of 3.12.

The percentage of residents who report their race in Butler is as follows:

White 90.9%
Black / African American 0.6%
Asian 5.3%
American Indian / Alaskan Native 1.7%
Native Hawaiian / Other Pacifc Islander 0.3%
Multi-racial 0.6%
Other 0.7%

Looking for family-friendly neighborhoods in and/or near Butler? Or maybe you are searching for 55+ active adult communities in and/or near Butler?

The percentage of residents who report their age in Butler is as follows:

Under 10 9.6%
Aged 10-19 8.5%
20s 13.9%
30s 13.4%
40s 16.7%
50s 14.3%
60s 12.9%
70s 7.6%
80+ 3.1%

Best Schools In Butler, New Jersey

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Butler with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Butler.


Pros And Cons Of Living In Butler, New Jersey

How do you know that living in -- or moving to -- Butler is right where you need to be? Perhaps you grew up in Butler or already live nearby; therefore, the decision to buy a home in Butler is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Butler for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in Butler:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Butler.


Reasons To Move To Butler, New Jersey, In 2024

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Butler can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Butler, meanwhile, can field multiple offers from more qualified buyers.

Butler, NJ Foreclosures


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